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Prime Retail/Office Space Available
For Lease
$35 SF/Yr

1844 Massachusetts Ave, Lexington, MA 02420

Retail/office space in Lexington Center with high visibility and foot traffic.

Days on Market102

Property Features for 1844 Massachusetts Ave

General Information

Standard status Active

Building Details

Year Built 1930
Listing Agency: William Raveis R.E. & Home Services
Listed By: Lori Talanian
Source: Liongatere
Added: Apr 22 Changed: Jul 10 Last Checked: Aug 1 at 3:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis R.E. & Home Services

Investment Insights

Based on property information with market context.

This property offers retail and office space for lease in historic Lexington Center. Situated on Massachusetts Avenue, the location provides visibility and access in a downtown community. The property features flexible floor plans suitable for retail, office, or service use. Expansive windows provide natural light, and the space has high ceilings and an open concept. Parking options include nearby municipal lots and street parking. The property benefits from strong co-tenancy, surrounded by established local shops, dining, and professional offices. As a community hub, the area hosts year-round events and experiences steady foot traffic. The location draws residents, professionals, and tourists daily, and businesses benefit from customer flow, spending power, and a supportive community atmosphere. Immediate occupancy is available.

Key Highlights

  • Prime location in historic Lexington Center on Mass Ave with high visibility and access.
  • Flexible floor plans suitable for retail, office, or service use.
  • Strong co‑tenancy with established local shops, dining, and professional offices.

Property Analytics

Current Use

Shrum Rebecca Physician Kandi nails Nail Salon Janet Mckenney Counselor

Suggested Use

Top Pick Grocery & Convenience Store Furniture & Home Goods Garden Center Auto Repair Shop Auto Parts Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,481
Businesses Nearby

Demographics for 02420, MA

15,502
Population
5,759
Households
2.7
Avg Household Size
45
Median Age
85%
College-Educated
98%
High-School Grad
7.0 sq mi
ZIP Area
2,215
Density / Sq Mi
$233,068
Median Household Income
$124,695
Median Earnings
$2,771
Median Rent
$1,148,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail/office space in Lexington Center with high visibility and foot traffic.
Where is this retail space located?
The property is located at 1844 Massachusetts Ave Lexington, MA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Prime location in historic Lexington Center on Mass Ave with high visibility and access.; Flexible floor plans suitable for retail, office, or service use.; Strong co‑tenancy with established local shops, dining, and professional offices.
More about this property
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